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Philip Diehl on US Money Reserve and Gold Industry

February 3, 2016 - Author: steph


Philip Diehl, president of US Money Reserve, did a podcast recently where he delved in to the gold market and how to get started investing. He asserts that gold bullion coins are the best, and most approachable way to get started investing in precious metals. The coins, particularly those distributed by US Money Reserve, are backed by the United States government so customers are guaranteed to get what they paid for. This is not always the case with other forms of gold, which are not considered legal tender either. Recently, some gold rounds that came in from overseas distributors were discovered to be counterfeit. The weight and purity of each coin will be at the exact level that they order or their money back.

US Money Reserve is known industry-wide for their superior return policy, going above and beyond to ensure that each and every customer is completely satisfied. This commitment to customer service starts at the top. From his time as director of the US Mint Diehl has always obsessed over doing everything for the customer. He eventually led the government operation to receiving customer service score on par with the best in private industry. Now, he has taken those ideas and brought them to US Money Reserve. It shows at all levels of staff in the company from the sales force to the back office workers.

Diehl recommends that investors use gold as a form of wealth insurance. The precious metal has been used for thousands of years to do so and he sees no reason why this trend will not continue. Although there are always short-term peaks and valleys with any investment, Diehl encourages those who invest in gold to embrace a long-term horizon.

There are a few factors that Diehl believe will make gold a very attractive investment in the coming years. Primarily the rise of the middle class in BRIC countries will create a strong increase in demand for gold. Also, rising political uncertainty worldwide will force a rise in the desire for a safe place to store wealth.

Finally, Diehl believes that the dollar has reached its peak and will begin to decline in the coming years. When this happens it will force the price of gold down in other countries and give buyers a great opportunity to get in at very low prices.

Follow US Money Reserve on Twitter for constant updates on the gold and precious metals markets.

No Comments - Categories: Blawsom People, Business, Career

Withdrawal of the Olympic Valley Incorporation to the Glee of Andy Wirth

February 1, 2016 - Author: steph

The epic drought has made life difficult for the communities in Lake Tahoe. Additionally, the small enterprises and the winter resort have also suffered due to the drought. In addition to the natural calamity, political difficulties have also emerged. The incorporation battle over Olympic Valley has caused more tension for Squaw Valley resort and the winter sports.
Squaw Valley Ski Holdings LLC has received help from Mother Nature through the early storms and the cold climate. The help saw Squaw and other neighboring resorts open earlier than was intended. The new developments have been a relief to Andy Wirth, the chief executive officer of Squaw Valley Ski. The incorporation backers have also eased off and officially withdrawn their incorporation bid. This information was published through the Reno-Gazette Journal.
Prior to the withdrawal, Squaw Valley Ski Holdings had spent a huge amount of time and resources in opposing the move. The move would have led to decrease in services and increase in taxes for business owners and residents. Andy added that the incorporation would have resulted in the isolation of Olympic Valley from the pool of resources that is shared by the north shore communities.
The incorporation supporters accused the Squaw Valley Ski Holdings of having selfish agendas. The incorporation had proposed plans of building a gondola that connects Alpine Meadows and the Squaw Valley area. In the proposal, there were plans for developing the commercial and residential real estate.
The backers claimed that the Squaw Valley Holdings were afraid of being answerable to the town Council and chose to go direct to the Placer County Board of Supervisors for land use issues. Despite the claims made by the incorporation organizer Fred Ilfield, The Local Agency Formation Commission of California decided that the town was not financially viable for the project.
Andy Wirth is an alumnus of Colorado State University and Edinburgh University. He holds the position of president and Chief executive officer of the Squaw Valley Ski Holdings. Through Andy’s effort, the ski area has become the top tourist destination globally. Mr. Wirth has also involved himself in community service and environmental projects around the Lake Tahoe area.
Andy suffered a sky diving accident that saw his arm torn off from its sockets. Andy co founded the Wounded Warrior Support. The Iron man team was formed in honor of the Navy Seals and the team contributes funds to the Navy Seal Foundation. Andy is the chairman of the Reno Tahoe Airport Authority.

No Comments - Categories: Andy Wirth, ski resorts